China Datang Corporation Subsidiary Signs 500 KTA License Agreement for UNIPOL™ PP Process Technology From Dow
Midland, MI - September 05, 2006 - Dow Technology Licensing, a business group of The Dow Chemical Company and its consolidated affiliates (Dow), today announced that a subsidiary company of China Datang Corporation selected UNIPOL™ PP Process Technology with design capacity of 500 KTA for its new polypropylene facility.
Located in Inner Mongolia Autonomous Region, People’s Republic of China, the plant will produce homopolymers, random copolymers and impact copolymers. Toyo Engineering Corporation has been chosen to perform the basic engineering work on the plant.
“The fluidized-bed process for UNIPOL PP Process Technology is the simplest, most economical polypropylene process on the market,” said Dr. Molly Peifang Zhang, vice president, Dow Technology Licensing. “The process is reliable, safe, and offers licensees the flexibility to produce a diverse range of products. Dow is committed to the growing China market, and we are very pleased that UNIPOL PP Process Technology has been chosen by this Chinese customer for their new polypropylene plant.”
Licensees of the UNIPOL PP Process operate more than 35 production lines around the world, accounting for more than 6.5 million metric tons of global polypropylene production.
About The Dow Chemical Company
Dow is a diversified chemical company that harnesses the power of science and technology to constantly improve what is essential to human progress. The Company offers a broad range of innovative products and services to customers in more than 175 countries, helping them to provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products. Built on a commitment to its principles of sustainability, Dow has annual sales of $46 billion and employs 42,000 people worldwide. References to “Dow” or the “Company” mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. Dow Technology Licensing is a business unit of Dow that markets technologies owned by The Dow Chemical Company, Union Carbide Corporation and their subsidiaries.
About China Datang Corporation
China Datang Corporation, one of the extra large-scaled power enterprises, was established on the basis of the partial power generation assets of former State Power Corporation of China. It was established on Dec 29, 2002 with registered capital of 12 billion yuan. By the end of 2004, the installed capacity totaled 33,534MW and sales revenue hit 41.1 billion yuan. The power generation amounted to 173.37 billion kWh and total assets reached 143.3 billion yuan in 2004.
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